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Hammond Power Solutions to buy AEG Power Solutions for $365 million CAD, pending approval.
Hammond Power Solutions Inc. has agreed to acquire AEG Power Solutions in an all-cash deal worth $365 million CAD, pending regulatory approval.
The acquisition, expected to close in the second quarter of 2026, will make AEG a wholly owned subsidiary.
AEG, a global maker of industrial power electronics with operations in Europe and Asia and five manufacturing sites, will retain its leadership team.
The move aims to boost Hammond’s technology and international presence in power electronics and integrated electrical solutions.
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Hammond Power Solutions comprará AEG Power Solutions por $ 365 millones CAD, en espera de la aprobación.